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(Rcan) Rcan complete technical analysis [charts+indicators] | Buy/Sell Rcan | (Rcan) share price targets

Complete technical analysis of Rcan (Rcan) by charts plus indicators, forecast predictions and share price targets for Rcan (Rcan)

10 day averaged volume of Rcan is 10200

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 19.75 19.75 19.75 19.75 3.529 times
23 Mon May 2022 20.00 20.00 20.00 20.00 1.176 times
20 Fri May 2022 20.00 20.00 20.00 20.00 0.588 times
19 Thu May 2022 20.00 20.00 20.00 20.00 0.588 times
09 Mon May 2022 20.50 20.50 20.50 20.50 0.588 times
05 Thu May 2022 20.50 20.50 20.50 20.50 0.588 times
02 Mon May 2022 20.55 20.55 20.55 20.55 0.588 times
12 Tue Apr 2022 20.60 20.60 20.60 20.60 0.588 times
01 Fri Apr 2022 21.90 21.90 21.90 21.90 2.353 times
24 Thu Mar 2022 20.60 20.60 20.60 20.60 0.588 times

Stock of Rcan (Rcan) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.2, but if it comes above 20.2, then a intra day buy could be more profitable.
If you take a sell trade below 20.2, then use 20.2 as stoploss and 19.4 as target. However if you take a buy trade in stock , then use 20.2 as stoploss and 20.86 as target.

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 19.75
Upside Target 20.50
Upside Target 20.60
Upside Target 21.00
Upside Target 21.50
Upside Target 21.90
Upside Target 22.00

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 19.67
Downside Intraday Target 19.58
Upside Intraday Target 19.92
Upside Intraday Target 20.08
Upside Intraday Target 19.83

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 19.75 20.00 20.00 19.75 2.667 times
20 Fri May 2022 20.00 20.50 20.50 20.00 1.5 times
05 Thu May 2022 20.50 20.55 20.55 20.50 2 times
12 Tue Apr 2022 20.60 20.60 20.60 20.60 0.111 times
01 Fri Apr 2022 21.90 21.00 21.90 20.60 1.286 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rcan (Rcan)

Date Monthly Closing Price Open High Low Volume
24 Tue May 2022 19.75 20.55 20.55 19.75 2.6 times
12 Tue Apr 2022 20.60 21.90 21.90 20.60 0.417 times
24 Thu Mar 2022 20.60 21.00 21.50 20.60 0.571 times
25 Fri Feb 2022 21.00 21.50 22.00 21.00 3.5 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Rcan (Rcan)

Indicator Name Indicator Value Indicator Signal
ADX 36, 56, 21 Sell
MACD -0, -0Sell
Stochastics 0Sell
CCI -114Sell
RSI 59Buy
OBV -30000Sell
VWAP 20Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Rcan ( (Rcan) ) based on a short term time period is

Price action analysis of Rcan ( (Rcan) ) based on a short term time period is

Price action analysis of Rcan ( (Rcan) ) based on a short to mid term time period is

Price action analysis of Rcan ( (Rcan) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Rcan stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rcan in short term and the sell signal is strong.

Rcan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rcan in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rcan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.47 and Rcan (Rcan) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rcan (Rcan) stock. Volume based technical analysis of Rcan (Rcan) stock is negative.

Rcan Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Rcan charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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